B&M European Value Retail S.A. (LON:BME) Given Consensus Recommendation of “Hold” by Brokerages

B&M European Value Retail S.A. (LON:BME) has been given a consensus rating of “Hold” by the eight ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 206.25.

A number of analysts recently weighed in on BME shares. Shore Capital Group restated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a research report on Wednesday, July 15th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 180 price target on shares of B&M European Value Retail in a research report on Wednesday, July 1st.

B&M European Value Retail Stock Performance

LON BME opened at GBX 230.26 on Tuesday. B&M European Value Retail has a 52-week low of GBX 140 and a 52-week high of GBX 269.30. The company has a fifty day moving average of GBX 208.74 and a 200-day moving average of GBX 187.84. The company has a market capitalization of £2.31 billion, a P/E ratio of 14.13 and a beta of 1.06. The company has a debt-to-equity ratio of 306.52, a quick ratio of 0.38 and a current ratio of 1.42.

B&M European Value Retail (LON:BME) last released its earnings results on Wednesday, June 3rd. The company reported GBX 16.30 EPS for the quarter. The business had revenue of GBX 577.50 billion for the quarter. B&M European Value Retail had a return on equity of 21.74% and a net margin of 2.84%. As a group, equities research analysts predict that B&M European Value Retail will post 38.4814815 EPS for the current fiscal year.

Insider Activity

In other news, insider Peter Waterhouse sold 3,715 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of GBX 234, for a total value of £8,693.10. Also, insider Peter Pritchard bought 53,016 shares of B&M European Value Retail stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of GBX 192 per share, for a total transaction of £101,790.72. 22.81% of the stock is owned by corporate insiders.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.